Related Books
Language: en
Pages: 32
Pages: 32
Type: BOOK - Published: 2018-03-09 - Publisher: International Monetary Fund
The aim of this paper is twofold: first, to study the determinants of banks’ net interest margin with a particular focus on the role of maturity transformatio
Language: en
Pages:
Pages:
Type: BOOK - Published: 2018 - Publisher:
The aim of this paper is twofold: first, to study the determinants of banks' net interest margin with a particular focus on the role of maturity transformation,
Language: en
Pages: 32
Pages: 32
Type: BOOK - Published: 2018 - Publisher:
The aim of this paper is twofold: first, to study the determinants of banks’ net interest margin with a particular focus on the role of maturity transformatio
Language: en
Pages: 63
Pages: 63
Type: BOOK - Published: 2018 - Publisher:
We show that maturity transformation does not expose banks to significant interest rate risk -- it actually hedges banks' interest rate risk. We argue that this
Language: en
Pages: 56
Pages: 56
Type: BOOK - Published: 2016 - Publisher:
We quantify the gains from regulating banks' maturity transformation in an infinite horizon model of banks which finance long-term assets with non-tradable debt